- Revenue 2024
- $28,689,446
- Expenses 2024
- $16,523,955
Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L20
- Classification
- 1000
- Street
- 210 W MALLARD DR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
LOW INCOME HOUSING PURSUANT TO IRS REV. PROC. 96-32ACQUISITION, MANAGEMENT AND PRESERVATION OF LOW INCOME HOUSING FOR THE RELIEF OF THE POOR AND DISTRESSED PRIMARILY HUD, USDA AND IRS SECTION 42 LOW INCOME MULTIFAMILY HOUSING
Activities or mission (Part I)
LOW INCOME HOUSING PER IRS REV. PROC. 96-32THE COMPANY ACQUIRES, MANAGES AND PRESERVES LOW INCOME MULTIFAMILY HOUSING, PRIMARILY HUD SECTION 8, USDA SECTION 515 AND IRS SECTION 42 LOW INCOME MULTIFAMILY HOUSING FOR EXTREMELY LOW INCOME AND VERY LOW AND LOW INCOME POPULATIONS.
-
NORTHWEST REAL ESTATE CAPITAL CORPORATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES. THE CORPORATION DOES THIS BY OPERATING VARIOUS PROJECTS UNDER HUD, RD, AND STATE HOUSING AUTHORITY PROGRAMS. IN ADDITION TO PROVIDING HOUSING, THE CORPORATION IS ALSO INVOLVED IN PRESERVING EXISTING AFFORDABLE HOUSING PROJECTS THROUGH THE USE OF THE IRS SECTION 42 LOW-INCOME HOUSING TAX CREDIT PROGRAM. THE CORPORATION MANAGES OVER 100 LOW-INCOME MULTIFAMILY HOUSING PROJECTS OR ENTITIES IN THE NORTHWEST AREA OF THE UNITED STATES.
Expenses $14,477,949 · Revenue $22,162,894
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Brad ElgBRAD ELG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 38 related
-
Eric SteigersERIC STEIGERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
James G Martin JrJAMES G MARTIN JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
William J RussellWILLIAM J RUSSELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
See Schedule OSEE SCHEDULE O
DISCLOSURE
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $28,689,446
- Expenses
- $16,523,955
- Contributions
- $4,538,440
- Grants paid
- $0
-
2023
- Revenue
- $18,272,008
- Expenses
- $17,154,035
- Contributions
- $5,514,368
- Grants paid
- $0
-
2022
- Revenue
- $18,979,105
- Expenses
- $14,291,140
- Contributions
- $5,052,847
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $25,878,739
- Expenses
- $14,370,792
- Assets (EOY)
- $59,062,910
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $10,028,848
- Expenses
- $9,578,836
- Assets (EOY)
- $42,438,639
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $10,245,152
- Expenses
- $9,667,057
- Assets (EOY)
- $40,260,941
-
2018 · 990
- Revenue
- $9,683,887
- Expenses
- $8,694,342
- Assets (EOY)
- $41,451,610
-
2015 · 990
- Revenue
- $7,356,311
- Expenses
- $6,362,762
- Assets (EOY)
- $29,450,516
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
APPLE TREE ASSOCIATES
RENTAL REAL ESTATE · UT · income $238,304 · assets $732,702
-
BGA DEVELOPMENT LLC
RENTAL REAL ESTATE · MT
-
BLANDING ASSOCIATES
RENTAL REAL ESTATE · UT · income $304,046 · assets $1,100,370
-
BONNERS FERRY ASSOCIATES
RENTAL REAL ESTATE · ID · income $331,267 · assets $1,030,114
-
COMMUNITY DEVELOPMENT OF OREGON II LLC
RENTAL REAL ESTATE · OR
-
COMMUNITY DEVELOPMENT OF OREGON III LLC
RENTAL REAL ESTATE · OR
-
COMMUNITY DEVELOPMENT OF OREGON IV LLC
RENTAL REAL ESTATE · OR
-
COMMUNITY DEVELOPMENT OF OREGON LLC
RENTAL REAL ESTATE · OR
-
HAILEY PLACE LIMITED PARTNERSHIP
RENTAL REAL ESTATE · OR · income $353,067 · assets $372,565
-
HAYDEN LAKE III ASSOCIATES
RENTAL REAL ESTATE · ID · income $299,940 · assets $1,248,413
-
HURRICANE ASSOCIATES
RENTAL REAL ESTATE · ID · income $238,100 · assets $1,099,951
-
IDAHO COMMUNITY DEVELOPMENT II LLC
RENTAL REAL ESTATE · ID
-
LOUISE GARDENS ASSOCIATES
RENTAL REAL ESTATE · ID · income $308,324 · assets $1,216,715
-
NORTHWEST HAILEY PLACE LLC
RENTAL REAL ESTATE · OR
-
NORTHWEST LEISURE VILLAGE LLC
RENTAL REAL ESTATE · ID · income $223,711 · assets $727,836
-
NWMBII MANAGER LLC
RENTAL REAL ESTATE · OR
-
NWRECC IDAHO COMMUNITY DEVELOPMENT LLC
RENTAL REAL ESTATE · ID
-
NWRECC INDIAN CREEK COURT LLC
RENTAL REAL ESTATE · OR
-
NWRECC MIRACLES CLUB LLC
RENTAL REAL ESTATE · OR
-
NWRECC PRESERVATION LLC
RENTAL REAL ESTATE · ID
-
NWRECC STEWART TERRACE LLC
RENTAL REAL ESTATE · OR
-
NWRECC VILLA WEST LLC
RENTAL REAL ESTATE · OR
-
SEACREST AFFORDABLE HOUSING PRESERVATION LP
RENTAL REAL ESTATE · OR · income $317,995 · assets $1,848,943
-
SEACREST COMMUNITY DEVELOPMENT LLC
RENTAL REAL ESTATE · OR
-
SGA DEVELOPMENT LLC
RENTAL REAL ESTATE · MT
The first 25 as filed. The return lists the rest.
Related partnerships on its 2024 return
-
BUFFALO GRASS APARTMENTS LLLP
RELATED · RENTAL REAL ESTATE · MT · 0.01% owned · share of income -$8 · share of assets $237,158 · general or managing partner
-
HYRUM ASSOCIATES
RELATED · RENTAL REAL ESTATE · UT · 58% owned · share of income $32,622 · share of assets $175,940 · general or managing partner
-
MIRACLES CLUB MLK LIMITED PARTNERSHIP
RELATED · RENTAL REAL ESTATE · OR · 0.01% owned · share of income -$195,527 · share of assets $274,879 · general or managing partner
-
NORTHWEST COLORADO GARDENS LIMITED PARTNERSHIP
RELATED · RENTAL REAL ESTATE · CO · 0.01% owned · share of income -$16 · share of assets $222,723 · general or managing partner
-
NORTHWEST DEPOT SQUARE LLC
RELATED · RENTAL REAL ESTATE · ID · 0.01% owned · share of income -$50 · share of assets $1,590,445 · general or managing partner
-
NORTHWEST IRON HORSE LLC
RELATED · RENTAL REAL ESTATE · CO · 0.01% owned · share of income -$45 · share of assets $1,904,978 · general or managing partner
-
NORTHWEST MEADOWBROOK I LLC
RELATED · RENTAL REAL ESTATE · OR · 0.01% owned · share of income -$16 · share of assets $551,095 · general or managing partner
-
NORTHWEST MEADOWBROOK II LIMITED PARTNERSHIP
RELATED · RENTAL REAL ESTATE · OR · 0.01% owned · share of income -$11 · share of assets $816,043 · general or managing partner
-
NORTHWEST MILL CREEK LLC
RELATED · RENTAL REAL ESTATE · ID · 0.01% owned · share of assets $141,811 · general or managing partner
-
NORTHWEST PASSAGE APARTMENTS LIMITED PARTNERSHIP
RELATED · RENTAL REAL ESTATE · ID · 0.01% owned · share of income -$19 · share of assets $319,073 · general or managing partner
-
NORTHWEST SANDSTONE LLC
RELATED · RENTAL REAL ESTATE · UT · 0.01% owned · share of income -$21 · share of assets $96 · general or managing partner
-
NORTHWEST VALOR POINTE LLC
RELATED · RENTAL REAL ESTATE · ID · 0.01% owned · share of assets $184 · general or managing partner
-
NORTHWEST WINDWOOD LLC
RELATED · RENTAL REAL ESTATE · ID · 0.01% owned · share of income -$7 · share of assets $495,433 · general or managing partner
-
ORCA POINT ASSOCIATES
RELATED · RENTAL REAL ESTATE · ID · 0.03% owned · share of income $30,950 · share of assets $77,080 · general or managing partner
-
THE SURREY LIMITED PARTNERSHIP
RELATED · RENTAL REAL ESTATE · WY · 99.99% owned · share of income -$10,263 · share of assets $764,595
-
TRAILWINDS LP
RELATED · RENTAL REAL ESTATE · ID · 0.01% owned · share of income -$18 · share of assets $281,879 · general or managing partner
Related corporations and trusts on its 2024 return
-
TW MANAGER LLC
C · RENTAL REAL ESTATE · ID · 100% owned · share of income -$20,643 · share of assets $345,893
-
NWP MANAGER LLC
C · RENTAL REAL ESTATE · ID · 100% owned · share of income -$20,654 · share of assets $319,073
-
NWCG MANAGER LLC
C · RENTAL REAL ESTATE · CO · 100% owned · share of income -$20,651 · share of assets $222,723
-
NVP MANAGER LLC
C · RENTAL REAL ESTATE · ID · 100% owned · share of income -$20,635 · share of assets $184
-
THE SANDSTONE MANAGER LLC
C · RENTAL REAL ESTATE · UT · 100% owned · share of income -$20,021 · share of assets $96
-
NIH MANAGER LLC
C · RENTAL REAL ESTATE · CO · 100% owned · share of income -$20,863 · share of assets $1,904,978
-
NWDS MANAGER LLC
C · RENTAL REAL ESTATE · ID · 100% owned · share of income -$22,075 · share of assets $1,590,445
-
NWMBI MANAGER LLC
C · RENTAL REAL ESTATE · OR · 100% owned · share of income -$21,091 · share of assets $551,095
-
MW MEADOWLARK MANAGER LLC
C · RENTAL REAL ESTATE · MT · 100% owned · share of income -$20,700 · share of assets $618
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.